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Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
0.0%
1 yr return
13.1%
3 Yr Avg Return
-6.7%
5 Yr Avg Return
-4.1%
Net Assets
$355 M
Holdings in Top 10
15.4%
Expense Ratio 1.56%
Front Load N/A
Deferred Load N/A
Turnover 26.56%
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Closed-end mutual fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | XDSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -2.2% | 10.7% | 95.59% |
1 Yr | 13.1% | 3.3% | 24.4% | 16.18% |
3 Yr | -6.7%* | -8.5% | 2.7% | 94.97% |
5 Yr | -4.1%* | -5.1% | 3.6% | 95.41% |
10 Yr | N/A* | -0.5% | 155.5% | 96.21% |
* Annualized
Period | XDSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -6.2% | 7.5% | 14.22% |
2022 | -22.5% | -26.9% | -3.5% | 94.53% |
2021 | 0.4% | -1.9% | 5.6% | 89.39% |
2020 | 0.4% | -4.0% | 4.2% | 54.82% |
2019 | 4.3% | -0.7% | 9.1% | 74.87% |
Period | XDSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -2.2% | 10.7% | 95.59% |
1 Yr | 13.1% | 3.3% | 24.4% | 16.18% |
3 Yr | -6.7%* | -8.5% | 2.7% | 94.97% |
5 Yr | -4.1%* | -5.1% | 3.6% | 95.41% |
10 Yr | N/A* | -0.5% | 155.5% | 96.97% |
* Annualized
Period | XDSMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -4.1% | 10.9% | 87.25% |
2022 | -22.5% | -26.9% | 4.3% | 94.53% |
2021 | 0.4% | -1.9% | 10.0% | 94.44% |
2020 | 0.4% | -2.6% | 8.2% | 89.85% |
2019 | 4.7% | -0.7% | 1028633.9% | 98.95% |
XDSMX | Category Low | Category High | XDSMX % Rank | |
---|---|---|---|---|
Net Assets | 355 M | 9.79 K | 16.6 B | 68.32% |
Number of Holdings | 198 | 1 | 3325 | 78.11% |
Net Assets in Top 10 | 60.6 M | -102 M | 3.51 B | 72.64% |
Weighting of Top 10 | 15.44% | 4.6% | 98.8% | 32.50% |
Weighting | Return Low | Return High | XDSMX % Rank | |
---|---|---|---|---|
Bonds | 100.00% | 0.00% | 146.69% | 28.43% |
Stocks | 0.00% | 0.00% | 99.62% | 53.43% |
Preferred Stocks | 0.00% | -47.61% | 0.00% | 36.82% |
Other | 0.00% | -5.59% | 5.07% | 44.28% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 31.34% |
Cash | 0.00% | -0.64% | 100.00% | 79.10% |
Weighting | Return Low | Return High | XDSMX % Rank | |
---|---|---|---|---|
Municipal | 100.00% | 0.00% | 100.00% | 2.49% |
Derivative | 0.00% | -7.53% | 2.16% | 38.81% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 57.71% |
Securitized | 0.00% | 0.00% | 22.44% | 33.83% |
Corporate | 0.00% | 0.00% | 2.83% | 64.18% |
Government | 0.00% | 0.00% | 0.09% | 34.33% |
Weighting | Return Low | Return High | XDSMX % Rank | |
---|---|---|---|---|
US | 98.83% | 0.00% | 139.84% | 51.74% |
Non US | 1.17% | 0.00% | 13.35% | 7.46% |
XDSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.56% | 0.22% | 3.44% | 26.11% |
Management Fee | 0.50% | 0.00% | 1.41% | 54.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.02% | 0.35% | 90.00% |
XDSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
XDSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XDSMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.56% | 2.00% | 121.00% | 70.37% |
XDSMX | Category Low | Category High | XDSMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.94% | 92.16% |
XDSMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
XDSMX | Category Low | Category High | XDSMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.43% | 1.11% | 5.44% | 4.41% |
XDSMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Start Date
Tenure
Tenure Rank
Jul 28, 2014
7.85
7.9%
Jeffrey Burger, CFA Director, Senior Portfolio Manager Jeffrey is a senior portfolio manager for US Municipal Bond strategies. He is responsible for managing US Municipal Bond strategies for institutional, high net worth and mutual fund clients. Previously, he served as a senior analyst for the firm, specializing in land-secured and special tax bonds. Prior to joining the firm in 2009, Jeffrey worked at Columbia Management as a portfolio manager and senior research analyst and at Fitch Ratings as a senior-level analyst. He is a former chairman and member of the executive committee and board of governors for the National Federation of Municipal Analysts. He is also a former president of the Boston Municipal Analysts Forum. Jeffrey has been in the investment industry since 1998. Jeffrey earned an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University and a BA degree, cum laude, in policy studies and public relations from Syracuse University. He holds the CFA® designation and is a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Jul 25, 2016
5.85
5.9%
Dan is the head of municipal bonds at Mellon Investments Corp, overseeing and guiding the investment management process for the firm’s tax-exempt strategies. Previously, he was the head of trading for tax-exempt bonds, responsible for managing the municipal bond trading desk. Before joining the firm, Dan directed the municipal bond group at Fleet where he was responsible for managing mutual fund, common trust fund and high net worth client assets. Previously, he was a portfolio manager at Evergreen Investments, where he managed national and state-specific mutual funds. His other responsibilities included hospital and high yield credit analysis. Dan began his career as a municipal analyst at Liberty Insurance Company. Dan has been in the investment industry since 1987. Dan holds a BA from Boston College and an MBA from Suffolk University. Dan has served as a member of the Municipal Securities Rulemaking Board's Investor Advisory Group (2004-2008). He holds the CFA® designation and is a member of the CFA Institute.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 21.43 | 7.55 | 2.52 |
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